14419 Riverside

    Sherman Oaks, CA 91423
    • $2,050,000
    • STATUS: Closed
    • ON SITE: 219 days
    • ID#: 18405778
    Sold - 01/16/2019
    $2,050,000
    SOLD - 01/16/2019
    • 0
      BEDS
    • 0.3
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    We are pleased to present 14419 W Riverside Drive, a high profile 12-unit "RTI" development opportunity in prime Sherman Oaks, CA. The property is comprised of approximately 0.30 acres (12,998 SF) lot area zoned RD1.5. The offering currently has entitlements for a 3-story 12-unit apartment building consisting of (4) 1 + 1 units, (6) 2 + 2 units, and (2) 3 + 2 units. The proposed gross building area totals 16,508 square feet. 14419 W Riverside Drive is ideally located in the epicenter of the South San Fernando Valley, which boasts high-profile demographics, dense immediate population, high barriers to entry, and strong market fundamentals yielding an investor/landlord favored market conditions with significant growth potential. Centrally located just north of the Ventura (101) Freeway, and conveniently positioned in the center of a broad range of employment and retail options, 14419 W Riverside Drive is surrounded by high-end neighborhoods, two of the most sought-after shopping center

    Sold by Filip Niculete of Marcus & Millichap.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-16T00:33:07.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.teamforss.com/homes/89268235

    14419 Riverside Sherman Oaks, CA 91423

    • Price: $2,100,000
    • Status: Closed
    • Updated: 180 min ago
    • ID#: 18405778
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.3
    Acres
    Neighborhood:
    SO - Sherman Oaks
    County:
    Los Angeles
    Area:
    SO - Sherman Oaks
    Property Description
    We are pleased to present 14419 W Riverside Drive, a high profile 12-unit "RTI" development opportunity in prime Sherman Oaks, CA. The property is comprised of approximately 0.30 acres (12,998 SF) lot area zoned RD1.5. The offering currently has entitlements for a 3-story 12-unit apartment building consisting of (4) 1 + 1 units, (6) 2 + 2 units, and (2) 3 + 2 units. The proposed gross building area totals 16,508 square feet. 14419 W Riverside Drive is ideally located in the epicenter of the South San Fernando Valley, which boasts high-profile demographics, dense immediate population, high barriers to entry, and strong market fundamentals yielding an investor/landlord favored market conditions with significant growth potential. Centrally located just north of the Ventura (101) Freeway, and conveniently positioned in the center of a broad range of employment and retail options, 14419 W Riverside Drive is surrounded by high-end neighborhoods, two of the most sought-after shopping center
    Exterior Features

    Lot Size Source See Remarks Lot Size Units Square Feet View See Remarks View YN Yes

    Property Features

    Association Fee 0.00 Special Listing Conditions Standard

    Listing provided courtesy of Filip Niculete of Marcus & Millichap


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-06-16T00:33:07.847. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
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